Registration of Limited Liability Partnership Firms in India
A normal Partnership Firm has to bear unlimited liability whereas the latest version Limited Liability Partnership or LLP enjoys a liability limited to its assets. Businessmen going for a more organized form, are heading for this fast popularity gaining association. It is registered with Registrar of Companies, has proper filings access able to all on request and payment to ROC. We help you in formation right from name approval to getting the company registered. You enjoy a better status in terms that it is a recognized form of organization globally, but the compliance cost are a bit high. In terms of taxes, the same rate of tax is applicable on companies, LLP and partnership firms.
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